For Services Rendered? Wall Street’s Big Paydays For Trade Negotiators

Richard Eskow

If you take the king’s shilling, says the old saying, then you do the king’s bidding. So what happens when you take 100 million of them?

Here’s one possible answer: You negotiate trade deals like NAFTA and the Trans-Pacific Partnership (TPP), the new pact that the administration is currently trying to ram through Congress.  A recent report confirms that some of the officials crafting this latest agreement were paid handsomely by the Wall Street institutions that stand to benefit from it.